Plan Snapshot
- Plan Sponsor: Hoosier Energy Rec, INC.
- Sponsor EIN: 350411710
- Sponsor Address: 2501 SOUTH COOPERATIVE WAY, BLOOMINGTON, IN, 47403
- Plan Type: 401(k)
- Total Participants: 290
- Total Assets: $70.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 290 | $70.0M | $1.6M | $3.2M |
| 2023 | 278 | $61.4M | $1.2M | $3.0M |
| 2022 | 269 | $56.8M | $1.5M | $3.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERRILL LYNCH | CONSULTANT | $50,000 | — | $50,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $25,957 | — | $25,957 |
| BLUE & CO., LLC | ACCOUNTANT/AUDITOR | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — CONSULTANT
- STRATEGIC ADVISORS, INC. — ADVISOR
- BLUE & CO., LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,957
- Estimated Expense Ratio: 0.133% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,147 | $25,957 | $300 | $17,000 | — |
| 2023 | $23,649 | $19,777 | $1,200 | $16,000 | — |
| 2022 | $12,034 | $26,371 | — | — | — |